DeepSeek V3.2 vs GPT-4o mini
Benchmarks, API pricing and specs, head to head. Data updated 2026-06-10.
DeepSeek · Sep 2025
The sparse-attention release that halved DeepSeek's already-lowest-in-class prices while keeping GPT-class quality.
OpenAI · Jul 2024
The 2024 budget classic that defined the cheap-LLM tier; GPT-5 nano and mini have since taken its crown.
The verdict
These two models don't yet share verified results on the benchmarks we track, so judge them on specs, pricing and intended use. GPT-4o mini is about 1.2x cheaper per blended million tokens (3:1 input:output mix). And DeepSeek V3.2 is open-weights (MIT), so it can be self-hosted — a structural advantage if data control or vendor independence matters.
Specs & pricing
| DeepSeek V3.2 | GPT-4o mini | |
|---|---|---|
| modhub Index | 68.4 | — |
| Input price / 1M | $0.28 | $0.15 |
| Output price / 1M | $0.42 | $0.6 |
| Context window | 128K | 128K |
| Max output | 64K | 16K |
| Open weights | yes (MIT) | no |
| Reasoning model | yes | no |
| Multimodal input | text | text, image |
| Knowledge cutoff | Jul 2025 | Oct 2023 |
| Released | Sep 2025 | Jul 2024 |
| Example monthly cost* | $3.43 | $2.40 |
* 10M input + 1.5M output tokens per month at list prices, no caching. Green = better value on that row.
Frequently asked questions
- Which is better, DeepSeek V3.2 or GPT-4o mini?
- These two models don't yet share verified results on the benchmarks we track, so judge them on specs, pricing and intended use. GPT-4o mini is about 1.2x cheaper per blended million tokens (3:1 input:output mix). And DeepSeek V3.2 is open-weights (MIT), so it can be self-hosted — a structural advantage if data control or vendor independence matters.
- Which is cheaper, DeepSeek V3.2 or GPT-4o mini?
- DeepSeek V3.2 costs $0.28/$0.42 per million input/output tokens, while GPT-4o mini costs $0.15/$0.6. For a typical workload of 10M input and 1.5M output tokens per month, that's $3.43 versus $2.40.
- Which model is better for coding, DeepSeek V3.2 or GPT-4o mini?
- We don't yet track SWE-bench Verified results for both models; check their individual pages for coding-related scores.